DekaBank Deutsche Girozentrale Trims Position in Five Below, Inc. $FIVE

DekaBank Deutsche Girozentrale cut its holdings in shares of Five Below, Inc. (NASDAQ:FIVE) by 7.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,665 shares of the specialty retailer’s stock after selling 1,586 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Five Below were worth $2,439,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. IFP Advisors Inc raised its position in Five Below by 653.8% during the 2nd quarter. IFP Advisors Inc now owns 196 shares of the specialty retailer’s stock worth $27,000 after buying an additional 170 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its position in Five Below by 1,097.4% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the specialty retailer’s stock worth $34,000 after buying an additional 417 shares during the last quarter. Bessemer Group Inc. raised its position in Five Below by 246.9% during the 1st quarter. Bessemer Group Inc. now owns 496 shares of the specialty retailer’s stock worth $37,000 after buying an additional 353 shares during the last quarter. Concord Wealth Partners purchased a new position in Five Below during the 2nd quarter worth approximately $66,000. Finally, Parallel Advisors LLC increased its holdings in shares of Five Below by 68.4% during the 2nd quarter. Parallel Advisors LLC now owns 532 shares of the specialty retailer’s stock valued at $70,000 after purchasing an additional 216 shares in the last quarter.

Insider Activity at Five Below

In other Five Below news, EVP Ronald James Masciantonio sold 818 shares of Five Below stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $146.41, for a total transaction of $119,763.38. Following the completion of the sale, the executive vice president directly owned 9,858 shares in the company, valued at $1,443,309.78. This trade represents a 7.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.90% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

FIVE has been the subject of several recent research reports. UBS Group reaffirmed a “buy” rating on shares of Five Below in a report on Tuesday. Barclays set a $135.00 target price on shares of Five Below in a report on Thursday, August 28th. Morgan Stanley lifted their price target on shares of Five Below from $135.00 to $160.00 and gave the company an “equal weight” rating in a research note on Thursday, August 28th. Craig Hallum increased their price objective on shares of Five Below from $164.00 to $180.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Five Below in a report on Saturday. Nine research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $151.16.

Five Below Stock Down 0.5%

Shares of FIVE opened at $156.29 on Friday. Five Below, Inc. has a 52-week low of $52.38 and a 52-week high of $159.93. The firm’s fifty day moving average is $149.69 and its two-hundred day moving average is $125.62. The stock has a market cap of $8.62 billion, a PE ratio of 31.64, a price-to-earnings-growth ratio of 2.28 and a beta of 1.18.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.20. Five Below had a net margin of 6.45% and a return on equity of 17.13%. The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $988.91 million. During the same quarter in the previous year, the company posted $0.54 EPS. The firm’s quarterly revenue was up 23.7% on a year-over-year basis. Five Below has set its FY 2025 guidance at 4.760-5.160 EPS. Q3 2025 guidance at 0.120-0.240 EPS. As a group, research analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current year.

About Five Below

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.